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Elliott Wave Technical Analysis: Nasdaq Index

Elliott Wave Technical Analysis: Nasdaq Index

Nasdaq Elliott Wave Analysis Trading Lounge Day ChartNasdaq Elliott Wave Technical AnalysisFunction: Counter Trend Mode: Corrective Structure: Orange wave 2 Position: Navy blue wave 3 Direction Next Higher Degrees: Orange wave 3  Details: Wave 1 Completion: Orange wave 1 is completed. Current Phase: Orange wave 2 is active. Wave Cancellation Invalid Level: 16972.0 The Nasdaq Elliott Wave Analysis for the day chart aims to identify […]
BlackRock pulls 2022 ad showing Trump gunman

BlackRock pulls 2022 ad showing Trump gunman

Key Takeaways BlackRock will remove an ad featuring Thomas Matthew Crooks, the gunman from the Trump rally. The company expressed relief that Trump was not seriously injured and extended thoughts to all victims. BlackRock has stated that Thomas Matthew Crooks, the 20-year-old who shot and injured former President Donald Trump at a Pennsylvania rally, briefly […]
FX Daily: Focused On Macro

FX Daily: Focused On Macro

Image Source: Unsplash  Markets have not reacted to Saturday’s incident involving Donald Trump. The intense activity on the macro side is probably allowing markets to keep a close eye on any implications for the US presidential race. This week, Fed speakers will have to address softer CPI, and the ECB may not want to surprise markets […]
Six Survivors

Six Survivors

It has been a rough week……….and month………..and year…………….and decade…………for anyone lunatic enough to be an equity bear. Below are my six bearish positions, as I continue to try to position myself with the most vulnerable charts I can find in this new-lifetime-highs-every-day market we’re in. More By This Author:Very Long-Term GoldNew Era For Morgan StanleyElectronic Arts […]
Bitcoin mining bill advances in Russia, awaits State Duma vote in late July

Bitcoin mining bill advances in Russia, awaits State Duma vote in late July

Key Takeaways A bill legalizing crypto mining in Russia is expected to be voted on by the State Duma later this month. Miners would be required to report their mining activities and comply with anti-money laundering protocols under the proposal. The State Duma’s Committee on Financial Markets recommended the lower House of the Russian Parliament […]
Economic Data Forecasts For The Weeks Of June 15 & 22

Economic Data Forecasts For The Weeks Of June 15 & 22

Here are my forecasts for upcoming economic data.     Prior     Forecast Observation   Week of July 15       July 15       NY Fed Manufacturing Index -6.0 -6.0           July 16       Retail Sales – June 0.3% 0.1   Retail Sales, ex Autos […]
Ethereum surges 5% to $3,300 ahead of key ETF decision

Ethereum surges 5% to $3,300 ahead of key ETF decision

Key Takeaways Ethereum’s price surpasses $3,300 as the market awaits the SEC’s trading approval of spot Ethereum ETFs. Analysts and industry leaders believe the imminent approval will boost Ethereum investment. The price of Ethereum has rallied 5% to over $3,300 ahead of the key spot Ethereum exchange-traded fund (ETF) decision, according to data from TradingView.The […]
Elliott Wave Technical Analysis: Bitcoin Crypto Price Today

Elliott Wave Technical Analysis: Bitcoin Crypto Price Today

 Bitcoin / U.S. dollar (BTCUSD)BTCUSD Elliott Wave Technical Analysis – Daily ChartFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave (V)Direction Next higher Degrees: wave ((I))Wave Cancel invalid level: Details: The five-wave Increase of Wave (V)BTCUSD Trading Strategy: Overall, Bitcoin looks like the correction has ended at the 53,534 level and the price is rising again in a wave (V) […]
Market Briefing For Monday July 15

Market Briefing For Monday July 15

Resilience of the S&P has to be supplemented by endurance of small-cap rebounds, and that has to lead to ‘dynamism’ for the economy overall. I see the market continuity as adequate, and anticipate more upside with some jockeying next week.Note the inflation chart below. Pretty clear how more powerful computers or EV/ICE horsepower is treated by […]
Micro/Small Cap AI Stocks Portfolio Jumped 13.5% Last Week

Micro/Small Cap AI Stocks Portfolio Jumped 13.5% Last Week

 UnsplashOur munKNEE Micro/Small Cap AI Stocks Portfolio of 10 constituents continued its upward climb last week, going up another 13.5% so far in July after going up 10.2% in June and up 18.1% in May.The Portfolio is presented below with each constituent’s performance last week, in descending order, MTD and YTD, with its current market capitalization, and any recent […]